Japan

Enforcement

Japan FSA Orders MUFG to File Report on Safe Deposit Box Thefts

By Sanday Chongo Kabange | 18/12/2024

The FSA ordered MUFG Bank to submit a report on the theft of customer assets from 60 safe deposit boxes by a former employee.

Enforcement

JPX Penalises Nomura Over JGB Futures Manipulation Case

By Sanday Chongo Kabange | 17/12/2024

OSE has imposed a fine and a threeday JGB futures trading suspension on Nomura Securities while the TSE issued a reprimand.

Fintech / Regtech

Model Risk Management at Japan Banks Gaining Sophistication: FSA

By Manesh Samtani | 15/12/2024

The FSA says FIs should continue refining their model risk management frameworks, prioritising AI-specific models.

Securities / Derivatives

ICE and EEX Expand Offerings in Japan’s Energy Market

By Thisanka Siripala | 13/12/2024

ICE has added Japanese power futures to its product suite while EEX said it will launch Japanese power monthly options in February.

Securities / Derivatives

TSE Connects ETF Platform to Bloomberg Execution Platform

By Editors | 10/12/2024

The Tokyo Stock Exchange said the connection will enable global investors to more easily access and trade Japan-listed ETFs.

Enforcement

Nomura Announces Measures to Address Unethical Behaviour by Staff

By Thisanka Siripala | 05/12/2024

Ten executives will take pay cuts and staff monitoring will be enhanced after a former employee was indicted on attempted murder charges.

Japan FSA Calls on FIs to Provide Flexible Lending to Businesses

By Thisanka Siripala | 05/12/2024

The FSA urges FIs to prioritise flexible loans and repayment plans tailored to the circumstances of each business.

Securities / Derivatives

Mitsubishi Reports $90m Loss from Rogue Copper Trader at China Unit

By Nithya Subramanian | 04/12/2024

Mitsubishi Corp said that a Shanghai-based trader made unauthorised transactions with local businesses that defaulted on their payments.

Crypto / Digital Assets

DMM Bitcoin to Shut Down, Transfers Assets to SBI Subsidiary

By Mark Johnston | 04/12/2024

DMM Bitcoin has been unable to recover from the May theft of approximately 4,502.9 Bitcoins and has decided to shut down operations.